In Brief: Energy mergers; Iraqi contracts; Universum Życie; TS record results

After having analyzed the European energy markets, the Office for Competition and Consumer Protection (UOKiK) decided that it would continue to watch whether monopolies were created on the ENERGY MARKET, but it would not immediately block sector mergers. (Puls Biznesu, pp. 1, 4) ... According to unofficial information, Poland's chances of participating in the reconstruction of IRAQ'S OIL refineries as well as exploitation of her deposits is becoming increasingly real. It is possible that part of Iraqi's debt to Poland, which stands at around $700 million, will be swapped into shares of the oil deposits. (Parkiet, p.13) ... Maciej Dworak, the former receiver of insurance company Daewoo TU (DTU), became the new president of troubled insurer UNIVERSUM ŻYCIE, which is a sister company of DTU and used to be called Daewoo-Życie. The new head of the company promised to acquire new and unconventional distribution channels for its products. (Puls Biznesu, p. 6) ... In 2002 lottery operator TOTALIZATOR SPORTOWY recorded the best results in its history and had net profit of zł. 171 million, which is 7% more than in 2001. (Puls Biznesu, pp. 1, 8) M.M./A.K.